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Demolition report dated 21 September 2018

25 September 2018

Following some extraordinary speculative sales from last week, which saw several tankers concluded at numbers that are completely disconnected from present day subcontinent realities, the speculative theme (surprisingly) continued on this week, with further wild Cash Buyer moves. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 22 June 2018

26 June 2018

The deluge of tankers being proposed for recycling – particularly large LDT tankers, VLCCs and FSUs – seems to be continuing unabated, even as the Indian sub-continent markets head into the traditionally quieter summer / monsoon months. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 1 June 2018

05 June 2018

As previously anticipated, sales and activity seem to have cooled off as the shipping community descended upon Posidonia in Athens this week. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 12 October 2018

15 October 2018

After weeks of positivity, some worrying reversals, both on local steel plate prices and currencies, wracked the subcontinent markets this week and may well preclude some (worrying) price declines in the near future.  The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.

Demolition report dated 27 April 2018

01 May 2018

The long awaited news of the Pakistani market reopening for tankers finally became a reality this week, with the first sales and boardings of wet units likely to set up beachings by early next week - the first in 1.5 years. The weekly demolition report by GMS, provides an overview of the demolition market, price by scrap yard location and ship type.